Bioadhesive Market
Adhesives Research and Ashland Inc . might also aid North America to have an edge over other regional markets . Presently , Europe has been dominating the regional scenario . It might continue to do so as the Netherlands , the U . S ., the U . K ., and Germany are likely to hold a major share of the global market .
Greater Demand from Paper and Packaging Industry to Encourage Growth The rising number of stringent regulatory policies aimed at limiting the deployment of petroleumbased products is one of the major growth drivers of the global market for bioadhesives . The growing environmental concerns have led to the development of bio-based , eco-friendly adhesives , thereby promoting the expansion of the global bioadhesives market . The usage of bioadhesives has also been escalating on account of technological advancements via research and development activities . Moreover , as new players are expected to enter the market , it might grow further as the consolidated nature of the market weakens .
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A number of end-use industries such as personal care , medical , paper and packaging , construction , and wood works and furniture have been increasingly demanding these products across the globe . The paper and packaging industry in particular is exhibiting high demand , thus emerging as the leading segment by end user . All this has stoked growth in the global market for bioadhesives .
On the other hand , as some types of bio-based bioadhesives exhibit relatively weaker adhesion properties , the growth of the market might slow down . However , with the extensive growth of the construction industry in Asia Pacific , more amount of bioadhesives will be needed in wall laminations and roofing , negating the impact of this restraint .
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